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s'mores are big for us. i would rather have them at home. so -- who hasn't had a question the past couple days? you? >> you talked a little about kind of the mood in the room and how you're getting kind of get up with some of the discussions -- >> we are set up. i'm saying the president has more patience than job. i don't compete with him in that regard. >> the meeting when it broke down yesterday and president slammed back his chair and stood up and said, see you tomorrow. i'm wondering if you can talk about generally the mood of the meeting last night throughout the whole thing and what happened yesterday? >> i don't understand the problem is if the president of the united states after a meeting over two hours stands up and says see you tomorrow. that's how meetings with president's end. you don't leave first. the president leaves first. so that was completely appropriate, unless somebody in the room thought he or she should have the last word and start the exit from the meeting. but that would be i think a breach of protocol. >> you talke
s'mores are big for us. i would rather have them at home. so -- who hasn't had a question the past couple days? you? >> you talked a little about kind of the mood in the room and how you're getting kind of get up with some of the discussions -- >> we are set up. i'm saying the president has more patience than job. i don't compete with him in that regard. >> the meeting when it broke down yesterday and president slammed back his chair and stood up and said, see you tomorrow....
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. >> what i've tried to emphasize is we have a unique opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm ready to move, even if it requires some tough decisions on my part. >> suarez: the president had previously insisted on extending the debt ceiling through 2012 past next year's election. but after thursday's talks, he settled for asking congressional leaders to review three options with their members. the first-- the so-called "grand bargain" that mr. obama favors-- would cut deficits by about $4 trillion dollars, including spending cuts and new tax revenues. a medium-range plan would aim to reduce the deficit by about half that amount. the smallest option would cut between $1 trillion and $1.5 trillion dollars
. >> what i've tried to emphasize is we have a unique opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm...
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i mean, you need to go there with a big project, working together with the community, to have a big impact. now, the challenge is a lot of people need to be relocated. and the strategy to move people and to bring them back is still not clear. so i prefer not to-- you know, i can give you my opinion, but maybe it's better if i don't. you know, it's like this, when you work with people, it's not easy, never easy. you know, the infrastructure is the soft work. the hard work is dealing with people, is dealing with the governments, dealing with the communities, dealing with the all the institutions, all the interests. so it's dealing with people is, like, the hard work. >> ( translated ): can't you see the government is lying to us? we'll be evicted like dogs one day. >> ( translated ): if you're wise, you should find somewhere to move to now. don't count on being given a house and don't think you'll come back here. when you leave, you are gone for good. >> ( translated ): how much did you say it was? >> ( translated ): that is 5,500. >> ( translated ): and electricity? >> ( translated ): 1,000
i mean, you need to go there with a big project, working together with the community, to have a big impact. now, the challenge is a lot of people need to be relocated. and the strategy to move people and to bring them back is still not clear. so i prefer not to-- you know, i can give you my opinion, but maybe it's better if i don't. you know, it's like this, when you work with people, it's not easy, never easy. you know, the infrastructure is the soft work. the hard work is dealing with people,...
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that is the big issue. the issue that the gentleman makes -- moodys, standard and poor's, and others, that is where those who put their money with us look to see if there is something to be nervous about. nervousness in the business world and the investment world is creating a lot of the issues we have right now. it is the unknown that keeps people from reaching into their surplus money, and deciding whether or not to invest. the nervousness that is created if they should change the rating, they will not drop us to b bonds , i guarantee you, but even if they were to drop bus bounced -- drop us down to double a, there would be feared. fear drives a lot of dangerous thing. host: you're on your way to the conference meeting. what will happen in that room today? guest: i believe we will have presentations about what some of the thinking heads of this country think will happen if the debt ceiling is not increased, but i'm not certain about that. i think we will have discussions about negotiations that have been
that is the big issue. the issue that the gentleman makes -- moodys, standard and poor's, and others, that is where those who put their money with us look to see if there is something to be nervous about. nervousness in the business world and the investment world is creating a lot of the issues we have right now. it is the unknown that keeps people from reaching into their surplus money, and deciding whether or not to invest. the nervousness that is created if they should change the rating,...
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it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put it on the table. so there are people in both parties who are playing games with. this i just think it's a shame that a deal that would have both raised revenue, to the tax rates, and reformed entitlements and cut spending has been on the table in washington, d.c. for six months and it hasn't gotten done. >> well, i don't know of a single democrat that said that that is no big deal if we don't raise the debt -- >> nancy pelosi and others said you can't touch entitlements. >> i don't know of a single democrat that said it's not a big deal i
it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put...
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the big deal. that is where we are right now and what we need. >> maria, what is the political burden? because, ultimately, all of this is viewed through a political lens. the winners and the losers. >> absolutely. >> who holds the bag? what is the political burden? >> here is the reason i believe that mitchell mcconnell ended up offering his plan. he understands, as well as other republicans who are becoming very nervous about who is going to take the blame if we do go into default, they are understanding republicans will take the blame. what they have not understood up to now when you negotiate you have to put something that is your cow on the table. they haven't done nothing to put their sacred cows on the table. president obama and the democrats have offered up changes in medicare and social security. the sacred cows for american families and don't know that because they understand we are at a crossroads. republicans do not understand that. if we go into default, they will take the blame on thi
the big deal. that is where we are right now and what we need. >> maria, what is the political burden? because, ultimately, all of this is viewed through a political lens. the winners and the losers. >> absolutely. >> who holds the bag? what is the political burden? >> here is the reason i believe that mitchell mcconnell ended up offering his plan. he understands, as well as other republicans who are becoming very nervous about who is going to take the blame if we do go...
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>> let's hope they don't think it's a big joke because it really isn't. we are enghanaged in unpreceden preparations. just to highlight a few of the things, to make sure that we have our emergency responders there, we're going to divide that area in four quadrants, we'll have lapd and fire resources all along the way so that they can go to neighborhoods should there be an emergency. we're working with ucla hospital and all of the hospitals in the area to make sure everything goes as smoothly as possible. so as i said, thereme won't an carmageddon if people take heed. in they do, there will be traffic that makes though pictures that you were showing pale in comparison. >> it's an interesting experiment, because the lapd has reached out to a lot of celebrities, and i want to sho
>> let's hope they don't think it's a big joke because it really isn't. we are enghanaged in unpreceden preparations. just to highlight a few of the things, to make sure that we have our emergency responders there, we're going to divide that area in four quadrants, we'll have lapd and fire resources all along the way so that they can go to neighborhoods should there be an emergency. we're working with ucla hospital and all of the hospitals in the area to make sure everything goes as...
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push for the big cuts republicans say they want. if they turn their back on those big cuts, the president is in the strongest position to say they are not living up to their rhetoric. let alone their principles. >> and there is no chance of them accepting any kind of big deal at all because the president is insisting that there be tax revenue increases in there. so the president knows that he is pushing something that they absolutely cannot agree to. so at this point, what the president does seem to be doing is what you just said, is making his position appear to be the one who wants to do the big move on deficit reduction and forcing these republicans to back away from big deficit reduction, thereby, he hopes, neutralizing deficit reduction as an issue against him in the presidential campaign. >> well, look. he's talked about deficit reduction all the way through. but remember, it's not just his position here. it's two thirds of the american public. we have a slew of polls here saying that two thirds of the american people want to
push for the big cuts republicans say they want. if they turn their back on those big cuts, the president is in the strongest position to say they are not living up to their rhetoric. let alone their principles. >> and there is no chance of them accepting any kind of big deal at all because the president is insisting that there be tax revenue increases in there. so the president knows that he is pushing something that they absolutely cannot agree to. so at this point, what the president...
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let's go for a big one. let's actually hop on because i'm not a big fan of war. so i thought, hey, why don't we calculate the big can hewna. what would happen kahuna. what would happen if we took in all the money from the corporate jet subsidies and all that money from getting rid of anything that incentivizes fossil fuel expiration, and we also get rid of those bush tax cuts extensions and we are willing to slow down the economy and assume every dime comes in, and we just didn't have any of the wars. we didn't have libya, we didn't have afghanistan, we didn't have iraq, they just all magically went away tomorrow. because we have had repeatedly members from the left stand up behind me these microphones and tell us this would take care of the problem. we just wouldn't have that $1.6 trillion we are going to run in debt this year if we just didn't have these sorts of things. once again it's time to put batteries in the calculator. if we pretend every dime of that all went straight to paying down the debt, it's three hours. it's three hours. and we have actually put
let's go for a big one. let's actually hop on because i'm not a big fan of war. so i thought, hey, why don't we calculate the big can hewna. what would happen kahuna. what would happen if we took in all the money from the corporate jet subsidies and all that money from getting rid of anything that incentivizes fossil fuel expiration, and we also get rid of those bush tax cuts extensions and we are willing to slow down the economy and assume every dime comes in, and we just didn't have any of...
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spending, more big government. it would be very helpful to us to be able to say to the american people that our fiscal house is in order. the question now is, what should we be doing to win the future and make ourselves more competitive and create jobs? whatever the government is doing that creates waste, we should eliminate it. thank you, guys. thank you, guys. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> this weekend on c-span, live from salt lake city, the nation's governors look at the nest -- lessons of 9/11. look for live coverage saturday at 5:30 p.m. eastern and sunday at 1:30 p.m. eastern. the national governors association this weekend online come on c-span radio, and on c- span. >> this is the members from here at the library of congress. a private room for senators and house members. if they can also have their personal records held here at the library. how many congressional records are there? you will find out in c-span's original
spending, more big government. it would be very helpful to us to be able to say to the american people that our fiscal house is in order. the question now is, what should we be doing to win the future and make ourselves more competitive and create jobs? whatever the government is doing that creates waste, we should eliminate it. thank you, guys. thank you, guys. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> this weekend...
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the big stories. when i was a journalist starting out 30 years ago, part of your job was to stop people seeing your front pages until it was on thenewsstand. now the front page is you're trng to finish it at 8:00 in the evening so you can get it on to the t.v. screens. that's the way you're marketing yourself. it's a complete changehich i find it very, very hard to adapt to. in that pursuit of big-impact journalism, some newspapers really have reached a point where anything will go. absolutely anything. and the one term i thi this guy, paul mcmullen who goes on the television the will say, look, we all did it, none of us thought it was wrong and the people that taught me did it as well. they have to make an impact and they'll stop at nothing to do it. >> rose: this is the guy that talked to hugh grant when hugh grant was secretly recording him. >> that's right. >> rose: catherine, what is the damage t newscorp and what is the damage to rupert murdoch? >> well, again... i mean, as just said, you could
the big stories. when i was a journalist starting out 30 years ago, part of your job was to stop people seeing your front pages until it was on thenewsstand. now the front page is you're trng to finish it at 8:00 in the evening so you can get it on to the t.v. screens. that's the way you're marketing yourself. it's a complete changehich i find it very, very hard to adapt to. in that pursuit of big-impact journalism, some newspapers really have reached a point where anything will go. absolutely...
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>> big. i mean, it's important. it's heavy how much regulation is, how will enforce the regulation is, how can you stand the regulation is throughout the country. those are enormously written to us as we go forward. and i should say it really needs of industry, consumer groups, looks exactly an issue that's been raised and there were some differences of opinions between the community banks and the nonregulated financial services about how much effect at regulation. >> i would just encourage you that the original intention was not for the states. >> i thank the gentleman. for faster warren as i predicted, additional members have returned. could you be kind enough to give us a to another 15 minutes? >> of course. >> it's still been a long day for you. but i'd like to do during this intervening period is an announcement that the ranking member and chair have agreed to a series of joint letters related to specifically and is germane to the area you will be involved in a week from now, related to the members of the milit
>> big. i mean, it's important. it's heavy how much regulation is, how will enforce the regulation is, how can you stand the regulation is throughout the country. those are enormously written to us as we go forward. and i should say it really needs of industry, consumer groups, looks exactly an issue that's been raised and there were some differences of opinions between the community banks and the nonregulated financial services about how much effect at regulation. >> i would just...
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so that, in and of itself was a big deal for our country. and then personally, if you coupled that, the president at that time or soon after having to help and cope and help betty ford cope with having breast cancer. one can only imagine the ordeal they had to go through as a couple but as president and fist lady. what was going on in their own home and obviously across the headlines as well. host: i read an interview with betty ford that she was opposed to the party before president ford pardonned richard nixon. guest: you know, a lot of people have very strong opinions about it. and that would not surprise me. i had not heard that, but that would not surprise me. but i think again in retrospect, however people felt, it really was designed to help get the country past this dark episode called watergate. host: one of the popular campaign buttons in 1976 was this. "i'm voting for betty's husband " was the button. and gerald ford by a margin of maybe 30 or 40 or 100 delegates beat ronald reagan to win the 1976 presidential primary. that conven
so that, in and of itself was a big deal for our country. and then personally, if you coupled that, the president at that time or soon after having to help and cope and help betty ford cope with having breast cancer. one can only imagine the ordeal they had to go through as a couple but as president and fist lady. what was going on in their own home and obviously across the headlines as well. host: i read an interview with betty ford that she was opposed to the party before president ford...
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>> reporter: there's big significance here. june 21st, salem lutheran church in stillwater, minnesota lost two members, michele bachmann and her husband marcus. they were formally released from their membership. church said they hadn't attended for two years, and for all those evangelical conservatives in iowa that could be something that impacts them very directly. as you know, michele bachmann has been a darling of conservative evangelicals for a long time, and if, in fact, she hasn't been attending another church for the past two years, that may not play so well in iowa. >> i was going to ask you, what type of issues do you think this might raise, her leaving the church? >> it certainly raises a lot of questions, and the one we're struggling with is why she left that church. that's something that hasn't quite been answered. the church is part of the wisconsin evangelical lutheran senate. they're the most cynical. they oppose same-sex marriage and abortion and a number of other issues. that could be one of the reasons. michel
>> reporter: there's big significance here. june 21st, salem lutheran church in stillwater, minnesota lost two members, michele bachmann and her husband marcus. they were formally released from their membership. church said they hadn't attended for two years, and for all those evangelical conservatives in iowa that could be something that impacts them very directly. as you know, michele bachmann has been a darling of conservative evangelicals for a long time, and if, in fact, she hasn't...
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we call ited big shift. if you look at the last 100 years, during the 20th century, basically changes happen in terms of you might call the s-curve. long periods of stable, brief moments of disturbance when big changes happen, then 30-40-50-60 years of stability in which we reinvent work practices, social practices, educational practices. we knew how to play that game pretty well. what's happened now is in the last probably ten years we're moving to a different kind of infrastructure that has driven by the laws, the digital laws of computation, accelerating as we speak. now what we really find is we're having a world in which we have constant disruption nearly every year. and the challenge is how do you actually start to leverage that rather than fear that? in terms of driving innovation. i see this as not doing to slow down as all in the next 30 or 40 years. if it the law slows down. let me say this personally. the curve on the right i could actually recoo pick late the last ten years of my life and say the
we call ited big shift. if you look at the last 100 years, during the 20th century, basically changes happen in terms of you might call the s-curve. long periods of stable, brief moments of disturbance when big changes happen, then 30-40-50-60 years of stability in which we reinvent work practices, social practices, educational practices. we knew how to play that game pretty well. what's happened now is in the last probably ten years we're moving to a different kind of infrastructure that has...